A report from industry analyst GlobalData suggests that AbbVie’s (NYSE: ABBV) strong immunology pipeline will protect its grip on the plaque psoriasis and rheumatoid arthritis markets, while the workhorse Humira (adalimumab) loses ground to competition in Europe.
GlobalData says Humira biosimilars will take in between $440 million and $2.5 billion in these indications across the seven major markets by 2027.
Analyst Vikesh Devlia said: “AbbVie seems relatively unfazed by the impact of Humira biosimilars on overall sales and has demonstrated that its pipeline for immunology indications remains strong.”
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